German Automotive Industry Is Losing Ground in the World
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The three German car manufacturers Volkswagen, Mercedes-Benz and BMW continue to lose ground compared to international competition. In the first half of the year, their sales fell by 2.9 percent to around 284 billion euros. By comparison, the 19 car companies examined in total increased their revenues by 3.6 percent to almost 1,048 billion euros. For the German manufacturers, [...]
Apa
Banker.azGermany's automotive industry continues to decline
In the first half of the year, sales of Volkswagen, Mercedes-Benz and BMW fell to around 284 billion euros. This is 2.9 percent less than a year earlier, according to an analysis by the auditing and consulting company EY. For comparison: In total, the 19 car companies examined increased their revenues by 3.6 percent to almost 1,048 billion euros.For the German manufacturers, this is the third revenue decrease in a first half-year in a row. Accor…
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